Intern, Venture Investments
Graduate Intern, Novo Holdings, Venture Investments, Boston
Novo Holdings is seeking a Graduate Intern to support the Venture Investments team, our dedicated biotech and medtech investment vehicle, with its investment activities in its Boston office. The Venture Investments team is one of the most active institutional venture capital investors in the life science industry globally. Currently, the portfolio consists of more than 70 active companies in biotech, medtech, and digital health in Europe and the US, ranging from preclinical start-ups to publicly traded companies.
Novo Holdings is a holding and investment company that is responsible for managing the assets of the Novo Nordisk Foundation, one of the world’s largest enterprise foundations. The purpose of Novo Holdings is to improve people’s health and the sustainability of society and the planet by generating attractive long-term returns on the assets of the Novo Nordisk Foundation. Wholly owned by the Novo Nordisk Foundation, Novo Holdings is the controlling shareholder of Novo Nordisk and Novozymes (the Novo Group companies) and manages an investment portfolio, with a long-term return perspective. Novo Holdings invests in life science companies at all stages of development and also manages a broad portfolio of equities, bonds, real estate and infrastructure assets as well as private equity investments. As of year-end 2024, Novo Holdings had total assets of USD 168 billion. Further information: www.novoholdings.dk.
The Job
The role of Graduate Intern provides exposure to venture capital, biotech and drug development while allowing the successful candidate to work alongside and learn from an international team of seasoned life science investors. The primary role of the Graduate Intern will be to support the US investment team through deal flow administration and investment due diligence. Additional activities include screening of new companies, participating in global team meetings, as well as various adhoc tasks. The role will provide exposure to diverse biotech and medtech start ups, as well as best practices for evaluating, managing and monetizing investments. The Graduate Intern will be expected to be in the Boston office up to 20 hours per week, with flexibility provided for study, exam, and research commitments. This role will pay $26 USD per hour.
Your tasks will include:
- Performing market research on companies and industries to evaluate new sector opportunities
- Conducting financial analysis to assess new deal opportunities and strategic initiatives at existing portfolio companies
- Assisting in due diligence processes on new investment opportunities via competitive landscape review
- Preparing investment materials and internal memoranda on potential and existing investments
- Supporting management of team CRM systems and vendor platforms
Working at Novo Holdings
We have a respectful and collaborative work culture where your opinion is valued. We are committed to diversity, equity, and inclusion, welcome and celebrate individuals of all backgrounds, orientations, and identities. You will enjoy being part of a dedicated, international and dynamic team with diverse backgrounds.
Requirements
Professional Qualifications
- Currently enrolled in a PhD, MD, or MD/PhD program
- Strong scientific literacy to synthesize primary research literature and unpublished company data
- Basic understanding of drug development and the desire to learn more
- Demonstrated interest in commercial application of scientific research, biotech, entrepreneurship or venture capital
- Top-tier academic performance
Personal Characteristics
- Excellent analytical skills with the right combination of overview and attention to detail
- Ability to work independently with structure
- Motivated self-starter with a with a high level of integrity and detail orientation
- Has a strong work ethic and is eager to work in fast-paced environment
- Team player who wants to actively contribute and has a positive can-do attitude
- Quality-conscious and impact-oriented
- Strong intellectual curiosity
Benefits
Benefits
- Lunch provided in office each day
- Commute-related expenses covered up to $400 per month